Exp World Intrinsic Value – eXp World Holdings: A Promising Business Model, But at a High Price
June 17, 2023
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EXP ($NASDAQ:EXPI): eXp World Holdings is a real estate franchisor and technology company that offers agents a unique business model. The company’s innovative platform offers agents superior tools to maximize their success in the real estate industry. It also provides a wide range of services, including online training, marketing tools, and even virtual office space. Despite its impressive growth and potential, the cost of investing in eXp World Holdings is very high. It has also been recognized for its innovative approach to the real estate industry, winning several awards for its leadership and technology. Investors should be aware, however, that the cost of investing in eXp World Holdings is quite high. The company’s stock is very volatile and the share price can fluctuate quickly. Additionally, the cost of buying and selling shares can be significant and investors may be subject to fees for their transactions. Despite the high cost, eXp World Holdings has a strong business model that has been successful in the past and could continue to be successful in the future. For those looking for an opportunity to invest in a unique business model, eXp World Holdings could be an attractive option.
However, it’s important to consider all the costs associated with investing in the company before making a decision.
Price History
eXp World Holdings Inc. (EXW) is one of the most promising and innovative business models in the market today, but the stock price may be a little too high for some investors. On Monday, EXW opened at $15.8 and closed at $15.6, a 2.7% drop from its previous closing price of $16.0. This could possibly be due to the company’s unique business model, which focuses on virtual reality technology, online communities, and educational seminars to help individuals and organizations grow their businesses.
However, exclusively focusing on this model may come with risks since it is a relatively new technology, and could be subject to disruption from other players in the industry. Moreover, EXW has yet to see a substantial return on their investments, and this is another factor to consider before making an investment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Exp World. More…
| Total Revenues | Net Income | Net Margin |
| 4.44k | 8.01 | 0.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exp World. More…
| Operations | Investing | Financing |
| 155.17 | -19.56 | -204.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Exp World. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 415.33 | 162.25 | 1.64 |
Key Ratios Snapshot
Some of the financial key ratios for Exp World are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 59.5% | – | -0.0% |
| FCF Margin | ROE | ROA |
| 3.3% | -0.2% | -0.1% |
Analysis – Exp World Intrinsic Value
GoodWhale has conducted an analysis of EXP WORLD‘s financials and concluded that the fair value of EXP WORLD share is around $35.6, calculated by our proprietary Valuation Line. This implies a current undervaluation of 56.1% as the stock is currently trading at $15.6. This presents a significant opportunity for investors to gain exposure to a company whose intrinsic worth is significantly higher that its current market price. More…
Peers
The company operates through its wholly owned subsidiary, eXp Realty, LLC. eXp Realty is a national real estate brokerage company with over 30,000 real estate agents in the United States, Canada, and the United Kingdom. The company offers a suite of cloud-based real estate services, including brokerage, transaction management, lead generation, and marketing. eXp World Holdings Inc. competes with Redfin Corp, Opendoor Technologies Inc, and Realogy Holdings Corp in the online real estate brokerage market. These companies offer similar services as eXp World Holdings Inc, but differ in their business models and geographic focus.
– Redfin Corp ($NASDAQ:RDFN)
Redfin is a technology-powered real estate brokerage, founded in 2004 and headquartered in Seattle, WA. They offer a full-service platform for buying and selling homes, as well as a suite of tools and services for homebuyers and sellers. Redfin has a market cap of $516.24M as of 2022 and a return on equity of -50.48%. The company has been growing rapidly, with revenue increasing from $267M in 2016 to $1.1B in 2020. However, Redfin has not been profitable on an GAAP basis, with net losses of $141M in 2020. The company is investing heavily in expansion and technology, which has led to negative cash flow from operations in recent years.
– Opendoor Technologies Inc ($NASDAQ:OPEN)
Opendoor Technologies Inc is a real estate company that allows users to buy and sell homes through its online platform. The company has a market cap of 1.53B as of 2022 and a return on equity of 0.03%. Opendoor was founded in 2014 and is headquartered in San Francisco, CA.
Summary
EXP World Holdings has a promising business model that is geared towards the real estate industry. The company is publicly-traded and has seen some impressive gains in recent years, making it an attractive target for investors.
However, its stock is currently trading at a very high price, making it an expensive investment. For those willing to take on the risk of such a high-priced stock, EXP World Holdings could potentially be a lucrative long-term investment. However, investors should do their due diligence and research thoroughly before investing, as the stock market can be unpredictable.
